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Credit Management June 2018

The CICM magazine for consumer and commercial credit professionals

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SOAPBOX CHALLENGE<br />

THE CURATE’S EGG<br />

The case for more national pride and<br />

optimism in a country all-too-often prone<br />

to self-deprecation.<br />

AUTHOR – Glen Bullivant FCICM<br />

I<br />

read recently that all 750 passenger<br />

information screens at an<br />

international airport are in need of<br />

replacement. They were installed in<br />

2012, underwent a period of testing<br />

and have remained switched on to<br />

this day. Not that anyone has seen them, and<br />

even if they had done, they would be none the<br />

wiser, because they have had no passenger<br />

information to display. The terminal building,<br />

budgeted to cost about €2 billion should<br />

have opened in 2011, but a few gremlins<br />

caused a delay. I use the words ‘gremlins’<br />

and ‘delay’ with some trepidation, because<br />

much depends on what you consider to be<br />

a gremlin and indeed how you accurately<br />

define a delay. The official opening in<br />

October 2011 was postponed because of<br />

rather serious safety issues – the fire alarms<br />

and the smoke suppression systems did<br />

not work properly, automatic doors were<br />

incorrectly fitted and it appeared that there<br />

was a considerable amount of faulty wiring.<br />

Oh, and the escalators did not go all the way,<br />

as it were. Fairly big gremlins then. They are<br />

now talking about opening in 2020, perhaps,<br />

and costs have soared to more like €6 billion.<br />

The passenger display screens are not really a<br />

priority right now, I would say.<br />

Now before we get ourselves into a mood<br />

of doom and gloom and ‘here we go again’<br />

regarding major infrastructure projects, I am<br />

not talking about London Heathrow, London<br />

Gatwick or indeed any other airport in our<br />

green and pleasant land. The monumental<br />

calamity is in fact Berlin Brandenburg – yes,<br />

Berlin, which is in Germany as if you did not<br />

know. In many ways, this fact alone makes<br />

the whole sorry saga all that more unreal in<br />

our eyes, because we expect better of them<br />

and less of ourselves. If Crossrail was running<br />

eight years late and three times over budget,<br />

we would no doubt all be shaking our heads,<br />

not in disbelief, more in expectation. Bad<br />

weather causes our trains to stop and planes<br />

to be grounded. But not Germany, surely? I<br />

was in Kassel in Hess last October, and gales<br />

that weekend caused every IC train to be<br />

cancelled and a runway at Frankfurt Airport<br />

to be closed, and the Beast from the East in<br />

March caused as much chaos on mainland<br />

Europe as it did here.<br />

We are good at many things in the UK,<br />

but top of our list of accomplishments is<br />

the ability to talk ourselves down and look<br />

enviously at everybody else. Low growth, poor<br />

productivity, skill shortages, we can make the<br />

list as long as we like. Add to that, we have<br />

been inundated of late with the prospects<br />

of the dire consequences of Brexit. It is not<br />

my intention here to debate Brexit pros and<br />

cons, nor to pass judgement on the wisdom or<br />

otherwise of being in the EU or out of it. Far<br />

from it – all I am trying to say is that whatever<br />

problems we might have, others have them<br />

as well and we forget that in truth there are<br />

many things we are very good at, not least of<br />

which, by the way, is the credit management<br />

profession. I am often asked if I am a glass half<br />

full or a glass half empty person – optimist<br />

or pessimist, I suppose – and my response<br />

is always the same. Half full or half empty<br />

is immaterial because the glass is always<br />

refillable. Anything in life is like the curate’s<br />

egg, part good, part not so good but if we take<br />

a positive view of our capabilities and what<br />

we can achieve, it soon becomes clear that<br />

we are very often much better than we think<br />

we are. The CICMQ Accreditation focuses on<br />

the good, leads to the elimination of the not<br />

so good and raises the credit function to the<br />

level it deserves.<br />

It is not rocket science, nor is it beyond us.<br />

Just think what our Victorian engineers and<br />

builders achieved – they wanted to do it, and<br />

they did it. So can we. Crossrail will happen,<br />

more or less on time and more or less on<br />

budget and so will countless other projects up<br />

and down the land. Berlin Brandenburg will<br />

open and will be a success, but the next time<br />

someone tells you that ‘they’ can, shaking<br />

heads in a sanguine manner, just remind<br />

them that we can too, and we do.<br />

Glen Bullivant FCICM has an interesting<br />

selection of bow ties.<br />

SOAPBOX<br />

challenge<br />

The Recognised Standard / www.cicm.com / <strong>June</strong> <strong>2018</strong> / PAGE 53

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